National HealthCare (NYSEAMERICAN:NHC) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• National HealthCare Corporation's share price has risen above its 200-day moving average, currently trading at $122.32, compared to the moving average of $101.75.
• The company has announced a quarterly dividend of $0.64 per share, yielding 2.1%, with the ex-dividend date set for September 30th.
• National HealthCare has a market capitalization of $1.90 billion and a price-to-earnings ratio of 18.23, indicating solid financial health.

National HealthCare Corporation (NYSEAMERICAN:NHC - ) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $101.75 and traded as high as $122.94. National HealthCare shares last traded at $122.32, with a volume of 136,650 shares changing hands.

National HealthCare Trading Up 4.4%

The business's 50 day moving average price is $106.61 and its two-hundred day moving average price is $101.75. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 18.23 and a beta of 0.57.

National HealthCare Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be given a dividend of $0.64 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.56 annualized dividend and a yield of 2.1%. National HealthCare's dividend payout ratio (DPR) is currently 59.12%.

National HealthCare Company Profile

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.

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